The Black Swan: 30 nuggets about the Unpredictable

The Black Swan

The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb

Who are the Black Swans?

Does this concept reflect the bad or the good things in our lives?

How does Nassim Taleb approach this “improbable” topic?

If questions like these crossed your mind when reading the title of Nassim Taleb‘s book, follow us through 30 nuggets and check out our free pdf to discover more clues about The Black Swan: The Impact of the Highly Improbable.


UNPREDICTABLE/ THE BLACK SWAN

“Our minds are wonderful explanation machines, capable of making sense out of almost anything and generally incapable of accepting the idea of unpredictability.”


Assumptions. They’re in our blood. We tend to use simple assumptions to explain complex situations. The truth is we’re wrong.

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Starting from there Nassim defines the Black Swan concept. A Black Swan is an event, sometimes positive, sometimes not.

'Black Swan is what we leave out of simplification.' @nntaleb Click To Tweet

The Black Swan’s specificity is represented by the fact that it’s improbable, unpredictable, and causes massive consequences.


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